After that shrimping was easy…
These are stormy times in the mortgage industry.
Mortgage volume has slowed to a trickle as a result of rate increases. There are layoffs in every sector associated with mortgages, including the valuation space. We are in the center of an economic storm that makes many of us wonder if we will survive financially. These difficult times remind me of one of my favorite lines from the classic movie Forrest Gump.
These are stormy times in the mortgage industry.
Mortgage volume has slowed to a trickle as a result of rate increases. There are layoffs in every sector associated with mortgages, including the valuation space. We are in the center of an economic storm that makes many of us wonder if we will survive financially. These difficult times remind me of one of my favorite lines from the classic movie Forrest Gump.
In the movie "Forrest Gump," there is a scene where Forrest and Captain Dan are caught in the middle of a hurricane while on their shrimping boat. The scene is tense and dramatic, with the boat being battered by high winds and rough seas. Despite the danger, Forrest remains calm and focused, working to keep the boat afloat and bring them back to the harbor. Back in the harbor, destruction is widespread with debris scattered everywhere and boats overturned and broken apart. A newscaster covering the devastation states, “The entire shrimping industry has fallen victim to Carmen and has been left in utter ruin… In fact, only one shrimping boat actually survived the storm.” Forrest and Captain Dan are “the only boat left standing.” Very next scene, we have the classic line from Forrest, "After that shrimping was easy."
Staying in the storm and surviving its fury launched "Bubba-Gump Shrimp" and incredible success for Forrest and Captain Dan. Really, odd as it seems, the storm was the best financial thing that ever happened to Forrest. Others that sought the safety of the harbor were set back for a while, giving Forrest a foothold in the seafood market.
We in the mortgage industry ( and valuation sector) need to stay focused on "surviving the storm" and not following all the other boats to the perceived safety of the harbor. Forrest’s famous line is a testament to the idea that success can come more easily once you have persevered through difficult times. The storm in the movie can be seen as a metaphor for the obstacles and challenges that we all face in life, but with determination and persistence, we can overcome them and achieve success. Success often requires hard work, perseverance, patience, and determination, especially when faced with challenges and obstacles.
Storms wreak a lot of destruction but are temporary. Rebuilding starts as soon as they are over. Like storms, these current economic conditions will not last forever. As professionals, we must keep our eye on enduring these difficult times, knowing that on the other side, as survivors “shrimping will be easy.”
Take four minutes and watch the clip on YouTube - https://www.youtube.com/watch?v=pHmf6eJQVuw&t=90s
Working from my Airstream
Those who know me have heard my tales from the road.
In May of 2018, Velina and I sold the home we raised our 4 children in and traveled full-time in our Airstream trailer until August of 2019. To share in the care of my 97 year mother, we bought a condo in Hamilton Ohio after 16 months of living an adventure on the road. We now try to spend half our time in the Airstream.
Those who know me have heard my tales from the road.
In May of 2018, Velina and I sold the home we raised our 4 children in and traveled full-time in our Airstream trailer until August of 2019. To share in the care of my 97 year mother, we bought a condo in Hamilton Ohio after 16 months of living an adventure on the road. We now try to spend half our time in the Airstream.
While on the road I attend conferences, visit clients and work daily in our trailer equipped all the technologies of a land based office.
This lifestyle is not for everyone… but we love the adventure that it affords us. We meet new people, see old friends and never get bored. Unless heading to an event or appointment, we usually spend 1-3 nights in one location. Many times we stay at Harvest Hosts, relying solely on our lithium battery banks, resupplied by solar panels on the roof. Travel days are usually broken up with several hours off the road for Teams/Zoom meetings or email response… but that’s okay, wherever we stop at 5-6pm…that’s home.
Below the galley is more information in Airstream trailers and their history. The floor-plan image above is linked to the Airstream website.
What is an Airstream?
Airstream trailers, also known as silver bullets, are a type of recreational vehicle (RV) that have been around for over 90 years. They are known for their sleek, aerodynamic design and their high-quality construction. Airstream trailers are iconic symbols of the American road trip, and they have become a favorite choice for many people who love to travel and explore the great outdoors.
The history of Airstream trailers began in the 1920s, when Wally Byam, a young man from California, built his first trailer. He was inspired by his love of travel and his desire to create a home away from home that was comfortable, convenient, and stylish. Wally's first trailer was a hit, and he soon founded the Airstream company to manufacture and sell his trailers to others. Over the years, Airstream has continued to innovate and improve its trailers, and today, they are one of the most well-known and respected RV brands in the world.
One of the things that sets Airstream trailers apart from other RVs is their sleek, aerodynamic design. The aluminum exteriors of these trailers are not only stylish, but they also help to reduce wind resistance, making them more fuel-efficient on the road. The rounded shape of the trailers also helps to minimize drag, which helps to improve handling and stability when towing.
Another key feature of Airstream trailers is their high-quality construction. These trailers are built to last, and they are designed to withstand the rigors of life on the road. They are constructed from durable, lightweight materials such as aluminum and fiberglass, and they are equipped with heavy-duty axles, tires, and brakes. This makes them ideal for long-distance travel, and they are well-suited for a variety of terrains and conditions.
Despite their small size, Airstream trailers are surprisingly spacious and comfortable. They are equipped with a range of features and amenities that make them feel like a home away from home. For example, many Airstream trailers feature a full kitchen, complete with a refrigerator, stove, and sink, as well as a bathroom with a shower, sink, and toilet. They also have comfortable sleeping arrangements, such as a bed or convertible dinette, and plenty of storage space for your gear and supplies.
One of the biggest advantages of Airstream trailers is their versatility. They can be used for a variety of different purposes, from weekend getaways and family vacations to extended road trips and cross-country adventures. They are also great for tailgating, camping, and other outdoor activities. Whether you're a seasoned traveler or a beginner, an Airstream trailer can provide you with a comfortable and convenient home base that is easy to take with you wherever you go.
Airstream trailers are a type of recreational vehicle that are renowned for their sleek, aerodynamic design, high-quality construction, and versatility. They are a popular choice for people who love to travel and explore the great outdoors, and they offer a comfortable and convenient home away from home. If you're looking for a way to experience the thrill of the open road, an Airstream trailer is definitely worth considering.
These are stormy times in the mortgage industry.
Mortgage volume has slowed to a trickle as a result of rate increases. There are layoffs in every sector associated with mortgages, including the valuation space. We are in the center of an economic storm that makes many of us wonder if we will survive financially. These difficult times remind me of one of my favorite lines from the classic movie Forrest Gump.